Trex (NYSE:TREX) Announces Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Trex (NYSE:TREX) posted its quarterly earnings data on Monday. The construction company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.04 by $0.05, Zacks reports. Trex had a net margin of 20.23% and a return on equity of 28.89%. Trex updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

Trex Trading Up 1.9 %

Shares of TREX stock opened at $61.72 on Tuesday. Trex has a 12 month low of $58.68 and a 12 month high of $101.91. The stock has a market cap of $6.61 billion, a P/E ratio of 28.18, a P/E/G ratio of 2.51 and a beta of 1.51. The company has a 50 day simple moving average of $69.83 and a two-hundred day simple moving average of $68.73.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on TREX shares. BMO Capital Markets boosted their price objective on shares of Trex from $67.00 to $72.00 and gave the stock a “market perform” rating in a research note on Tuesday, October 29th. Citigroup dropped their price objective on shares of Trex from $84.00 to $78.00 and set a “neutral” rating on the stock in a research note on Monday, January 6th. Robert W. Baird boosted their price objective on shares of Trex from $70.00 to $78.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 29th. Barclays dropped their target price on shares of Trex from $68.00 to $67.00 and set an “underweight” rating on the stock in a research note on Tuesday, October 29th. Finally, DA Davidson upped their target price on shares of Trex from $70.00 to $74.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $79.81.

Trex Company Profile

Trex Company, Inc manufactures and distributes composite decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. It offers decking products and accessories under the names Trex Transcend, Trex Select, Trex Signature, Trex Transcend Lineage, and Trex Enhance for protection against fading, staining, mold, and scratching; Trex Hideaway, a hidden fastening system; and Trex DeckLighting, a LED dimmable deck lighting for use on posts, floors, and steps.